Press release
By 2023, Dimer Acid Market in Asia Pacific to exceed US$850 million
North America dimer acid market price worth USD 300 million in 2015, is projected to witness a substantial growth over the coming seven years. The regional growth can be credited to rapid infrastructure development along with supportive government policies favoring the use of epoxy, masonry coatings, and adhesives in the construction sector. U.S. market revenue worth USD 200 million in 2015, is expected to register highest growth rates at 6% over 2016-2023.
Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/509
Europe dimer acid market is expected to record a CAGR of 6% over the period of 2016-2023. The growth can be attributed to rapidly expanding end use industries across this region. For instance, quantitative easing strategy adopted by European Central Bank for financing private sectors is likely to boost the growth of end-use sectors such as transport, plastics, construction, and energy. UK and Germany are projected to contribute substantially towards the regional share.
Rapid urbanization as well as high economic growth along with heavy spending on infrastructure in countries such as South Africa, China, Mexico, Brazil, Russia, and India are projected to contribute significantly towards the market growth over the coming years. Furthermore, the use of dimer acid in surfactants, alkyd resins, fuel oil additives, adhesives, and lubricants is anticipated to increase the market share over the next few years. Dimer acid market are extensively used in end-use segments such as oilfield chemicals, which find wide applications in refining, well drilling, and hydraulic fracturing. They are also used in feedstock comprising lubricants, corrosion & scale inhibitors, surfactants, wetting agents, and demulsifiers. Rising amount of drilling activities carried out across the globe for fulfilling global energy requirements is predicted to propel the demand for oilfield chemicals, thereby contributing to global dimer acid market growth over the coming years. Dimer acid market size in oilfield chemicals segment is predicted to reach USD 360 million by 2023 owing to their extensive use in shale gas exploration and extraction activities.
Dimer acid also finds its application in reactive polyamide resins and non-reactive polyamide resins. Dimer acid market share in non-reactive polyamide resin segment accounted for over USD 560 million in 2015, and is anticipated to grow considerably over the coming years. The growth can be contributed to high demand for solvents from printing inks, paper coatings, and adhesives. Its application in reactive polyamide resin segment is expected to grow at a rate of 4.6% over 2016-2023, owing to the rising demand for adhesives & coatings in construction and marine sectors.
Growing demand for polyamide resins owing to rise in expenditure on construction activities is predicted to favorably affect global dimer acid market size over the coming years. According to Global Market Insights, Inc., “Dimer Acid market size is predicted to reach USD 2.2 billion by 2023.” EPA and REACH norms favoring the use of dimer acid in various sectors owing to its non-toxic nature is expected to boost the global market trends over the coming years.
Browse key market insights spread across 70 pages with 48 market data tables & 18 figures & charts from the report, “Dimer Acid Market” in detail along with the table of contents @ https://www.gminsights.com/market-analysis/dimer-acid-market
Dimer acid market players will try to increase their regional presence through mergers & acquisitions and joint ventures. Key market players include Arizona Chemicals, BASF, Croda International Company, Oleon, Anqing Hongyu Chemical Company Limited, Nissan Chemical Industries Limited, Shangdong Huijin Chemical Company Limited, Aturex Group, Liancheng Baixin Science & Technology Limited, Jiangsu Yonglin Oleochemical Company Limited, Florachem Corporation, and Novepha Company Limited.
Glimpse of Table of Content (ToC)
Chapter 3. Dimer acid Market Insights
3.1. Dimer acid market segmentation
3.2. Dimer acid market Size and forecast, 2012 - 2023
3.3. Dimer acid market ecosystem analysis
3.4. Dimer acid market Impact forces
3.4.1. Growth drivers
3.4.1.1. Increasing construction spending
3.4.1.2. Rising oilfield chemicals demand
3.4.2. Market pitfalls & challenges
3.4.2.1. Fluctuating raw material prices.
3.5. Growth potential analysis
3.6. Porter's analysis
3.7 Company market share analysis, 2015
3.8. PESTEL analysis
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/dimer-acid-market
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and market research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release By 2023, Dimer Acid Market in Asia Pacific to exceed US$850 million here
News-ID: 1840190 • Views: …
More Releases from Global Market Insights Inc.
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.
The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing…
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil.
Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy…
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024.
Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care.
Sulfosuccinates are mainly a mild type…
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/233
Top Key Players in The Market are:
Graphenea S.A., Applied Graphene Materials plc, ACS…
More Releases for Dimer
Key Trends Influencing the Growth of the D Dimer Testing Market in 2025: Strateg …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the D Dimer Testing Market Through 2025?
The market size for D dimer testing has seen consistent expansion in the preceding years. Its growth trajectory indicates an increase from $1.47 billion in 2024 to $1.54 billion in 2025, with a compound annual growth…
Key Trends Shaping the Future Dimer Acid Market From 2025-2034: Innovation and S …
What industry-specific factors are fueling the growth of the dimer acid market?
The growing demand for sustainable and bio-based products is expected to drive the growth of the dimer acid market. These products, made from renewable resources, aim to reduce environmental impact and promote ecological balance. Bio-based dimer acids are more biodegradable than those derived from fossil fuels, minimizing environmental harm. For instance, TheRoundup reported in April 2024 that 62% of…
Glycolaldehyde Dimer Market Outlook and Future Projections for 2030
The glycolaldehyde dimer market represents a dynamic and continually evolving landscape, shaped by changing consumer demands and technological advancements. In this comprehensive report, we provide an in-depth exploration of the market, designed for a wide range of stakeholders including manufacturers, suppliers, distributors, and investors. Our goal is to equip industry participants with essential insights that enable informed decision-making in an ever-changing market environment. This analysis not only examines the current…
Dimer Acid Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Dimer Acid Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
The Dimer Acid market encompasses the production, distribution, and utilization of dimer acids, which are fatty acids derived from vegetable oils or unsaturated fatty acids.…
Dimer Acid Market Worth US$ 705.8 Million by 2021
According to a new market report published by Persistence Market Research “Global Market Study on Dimer Acid: Distilled and Hydrogenated Segment to Witness High Growth by 2021”, the global market for dimer acids valued at an estimated US$ 494.1 million in 2015, and is expected to expand at a CAGR of 6.1% from 2015 to 2021, to reach a market value of US$ 705.8 Mn by 2021.
The growth of…
Dimer Acid Market - Global Industry Analysis 2024
Dimer acids also known as dimerized fatty acids are known to be dicarboxylic acids that are produced by a process of dimerizing unsaturated fatty acids. These unsaturated fatty acids are obtained from fatty acid feedstock such as tallow oil, rapeseed oil and tall oil among others. Crude dimer is produced from tall oil fatty acid by heat treatment with or without use of a suitable catalyst. They act as building…
